Business news from Ukraine

Business news from Ukraine

Ukraine exported 5 mln tons of agricultural products in January, slightly less than in December

In January 2026, Ukraine exported 5.0 million tons of agricultural products, which is 0.8% less than in the previous month, according to the Ukrainian Agribusiness Club (UAC).

According to analysts, in the first month of the year, there was an increase in exports only in the grain segment, while all other types of products saw a decline. Corn remains the main export item at present.

According to experts, in the structure of agribusiness exports in January 2026, grain crops increased by 13% compared to the previous month and amounted to 3.4 million tons (corn – 83%, wheat – 16%), oilseeds decreased by 32% to 351.7 thousand tons (soybeans – 63%, rapeseed – 35%, and sunflower – 1%), vegetable oils – by 6% to 479.7 thousand tons (sunflower oil – 82%, rapeseed oil – 10%, and soybean oil – 7%), oilcake after extraction of vegetable oils decreased by 32% to 411.0 thousand tons (sunflower – 73%, soybean – 27%), other types of agricultural products decreased by 15% to 349.9 thousand tons.

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Slovakia, Poland, and number of European countries have agreed on position to strengthen controls on imports of Ukrainian agricultural products

Slovakia, Poland, and a number of European countries have agreed on a position to strengthen controls on imports of Ukrainian agricultural products entering the European market, Slovak Agriculture Minister Richard Takáč told reporters after a meeting of European Union agriculture ministers (Agrifish) in Brussels on Monday.

“I can say that at an informal joint lunch, we discussed strengthening controls on imports from third countries, which is a key issue for the Slovak Republic with regard to Ukraine. Of course, for many other countries, this is partly MERCOSUR, but we also have other agreements with third countries,” he said.

Takács noted that during the informal talks, the parties agreed on a common position on the introduction of regular monitoring, in particular audits “in these third countries,” and support for strengthening controls in terms of food safety.

“We have a big problem, for example, on the border with Ukraine, where we need to strengthen these checks in terms of food safety when importing from these third countries,” he added.

According to Takach, the Polish representative presented materials that clearly demonstrate the need to strengthen such measures.

“I am glad that his materials also mentioned that Poland will propose the creation of a special fund for compensation for imports from third countries if farmers or food producers suffer. I am very pleased that they have adopted this rhetoric and the idea that we have been talking about for almost two years – that it is necessary to create such a compensation fund,” the Slovak minister emphasized.

He noted that the import of agricultural products from third countries is a topical issue for many European countries, which are convinced of the need to increase the protection of their consumers and raise the standards of third countries and their products to meet European Union standards.

“When a farmer in Europe has to comply with certain standards—how much he can spray (agricultural crops), how much he can fertilize, what the production process should be—we must demand the same when importing from third countries. And the creation of a special compensation fund and regular monitoring (of agricultural products) on a monthly basis, rather than once every six months,” summarized the Slovak Minister of Agriculture.

As reported, on January 26, the EU Council on Agriculture was to consider the request of Poland, Hungary, Slovakia, and Austria to strengthen the protection of the European market from agricultural imports from Ukraine. The initiating countries argue that the existing mechanisms of the free trade agreement are not sufficient to protect their farmers, especially in sectors such as sugar, meat, grain, and dairy production.

The main demands are the unification of production standards so that Ukrainian products comply with strict EU standards on pesticides and animal welfare, as well as the creation of a special compensation fund for farmers. Until these measures are implemented and stricter border controls are in place, these countries are calling on the European Union to refrain from further tariff liberalization for Ukraine.

 

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LNZ Group agricultural holding exported over 2 mln tons of agricultural products in 2025

The LNZ Group agricultural holding exported about 2 million tons of agricultural products in 2025, according to the press service of the agricultural holding, citing data from the director of LNZ Export, Volodymyr Humenyuk.

The agricultural holding noted that after acquiring the SEZ, LNZ Group became one of the leaders in oilseed processing, focusing on rapeseed and soybeans. Processed products are also sold on foreign markets, where the company has strengthened its position and established itself in the premium segments.

“About 90% of exports are carried out through the ports of Greater Odessa. Throughout the year, LNZ Group expanded its presence primarily in the EU markets, cooperating with both multinational corporations and local processors in Italy, Spain, the Netherlands, Greece, etc. Products were also supplied to neighboring Poland, Hungary, and Romania, as well as to countries in the Middle East, North Africa, and Asia,” said Gumenyuk.

Roman Franchuk, Director of Agricultural Production at LNZ Group, emphasized that, in general, the past season in the agricultural sector was difficult for LNZ Group due to weather conditions—a cold spring, a cool start to summer, and a prolonged drought reduced yields in the company’s fields in the central region. The situation was better in the Sumy cluster, but harvesting there was complicated by constant attacks from enemy UAVs. In the Vinnytsia region, where it rained, technical crops were harvested with high yields. In the Rivne cluster, due to prolonged rainfall and late soybean vegetation, harvesting is still ongoing, while early grains, in particular wheat, yielded about 6 t/ha.

The holding achieved planned yields on 200 ha of vegetable crops thanks to drip irrigation. They grew onions, peppers, tomatoes, rhubarb, cauliflower, and broccoli. Next year, they plan to expand the area under vegetables and add carrots and table beets. Raspberries and strawberries also showed high yields, and the area under them will also be increased.

“Taking into account the season, the company has revised its crop structure for 2026: it has increased the area under rapeseed to 11,000 hectares, under winter wheat to 17,000 hectares (12,000 hectares a year earlier), and has also expanded the area under peas to 3,000 hectares (usually 500 hectares). The area under sugar corn for the needs of the TEVITTA freezing plant remained unchanged at 750 hectares,” Franchuk summed up.

LNZ Group is a vertically integrated agricultural holding company with its central office in the village of Lebedyn, Cherkasy region. It specializes in the cultivation of grain, industrial, and berry crops, seed production, as well as the distribution of plant protection products (TM DEFENDA) and seeds (TM UNIVERSEED).

The holding’s land bank covers more than 80,000 hectares in the Cherkasy and Sumy regions. It has a network of elevators with a total capacity of about 170,000 tons, as well as modern storage facilities with an area of more than 50,000 square meters and refrigeration complexes with a capacity of 8,000 tons.

LNZ Group has a number of processing plants. The Lebedyn Seed Plant (corn division) specializes in the full cycle of corn seed processing with a capacity of up to 330 tons/day. The multifunctional seed plant cleans and calibrates wheat, soybeans, and sunflowers (up to 200 tons/day). The oilseed processing plant specializes in the production of soybean and rapeseed oil and meal.

The Tevitta frozen food plant specializes in flash freezing berries, vegetables, and fruits (IQF technology) with a capacity of 10,000 tons per year. The Shpola food factory (TM “Zhayvir”) produces snacks, halva, kozinaki, etc.

The main beneficiary of the group is Dmytro Kravchenko.

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Ukraine’s agricultural exports fell by 8.8% in 2025 to $22.5 bln

According to the results of 2025, Ukraine exported agricultural products worth $22.53 billion, which is 8.8%, or $2.15 billion, less than the previous year, according to the Ukrainian Agribusiness Club (UAC).

The association noted that despite the decrease in foreign exchange earnings, the share of the agro-industrial complex in the overall structure of goods exports in 2025 was 56.1%.

“Although this percentage has declined slightly compared to the record year of 2023, when agricultural products accounted for 61% of total exports, the industry continues to generate more than half of the country’s foreign trade revenues,” analysts emphasized.

The most noticeable trend was a reduction in agricultural exports to the European Union. While in 2022-2024 the EU’s share in the structure of Ukrainian agricultural exports consistently exceeded 50%, in 2025 it fell to 47.5% ($10.7 billion), according to statistics.

Some of the factors influencing this are changes in logistics routes and tighter regulatory restrictions on the European market. There has also been a general decline in trade dynamics, namely: the balance with the EU fell to $6.06 billion compared to $8.87 billion in 2024, analysts noted.

They emphasized that against the backdrop of declining export revenues, there is a reverse trend in the import segment. In 2025, purchases of foreign agricultural products rose to a record $8.75 billion over the past five years.

“Although the share of agricultural products in Ukraine’s total imports has remained stable over the past four years at around 10.8%, in absolute terms, spending on food imports is growing every year. At the same time, in 2025, more than 53% of all agricultural imports ($4.64 billion) came from European Union countries, which underscores the deep integration of Ukraine’s consumer market with the European market,” the UACB concluded.

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Agricultural production in Ukraine fell by 6.6% in 11 months

Agricultural production in Ukraine fell by 6.6% in January-November 2025 compared to the same period last year, according to the State Statistics Service.

Thus, according to the results of 11 months of this year, the agricultural production index was 93.4% compared to January-November last year. In particular, the indicator for crop production reached 92.7%, and for livestock production – 96.2%.

Agricultural enterprises suffered slightly greater losses, with production at 93.2% of last year’s level. At the same time, the indicator for crop production reached 92.0%, and for livestock production – 100%. At the same time, the indicator for private farms was 93.7%. For crop production, it was 99.8%, and for livestock production, 90.4%.

The largest decline in production was recorded in the Donetsk region, where this index was 57.4% of last year’s level. There was also a significant decline in the Kherson (70.1%) and Dnipropetrovsk (79.3%) regions.

At the same time, two regions showed positive dynamics: in the Chernihiv region, the agricultural production index rose to 102.2%, and in the Vinnytsia region, to 101.6%.

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IMK Agricultural Holding supplies 20% of its products to EU and is preparing for Ukraine’s accession to European Union

IMK Agricultural Holding supplies about 20% of agricultural products to the European Union market during 2022-2024 and 2025 and therefore depends on the European market and insights that it applies in practice, despite constant shelling and losses due to the war, said its CEO Oleksandr Verzhikhovsky.

“If we talk about the export of our products and take a look at 2022-2023-2024 and the current 2025, then about 20% of our exports went to the European market. These were mainly wheat and corn. We export 600,000 tons annually, and about 20% of that traditionally goes to the European market,” he said at a conference during the Agritechnika-2025 exhibition in Hanover, Germany.

Verzhikhovsky added that at the same time, there is a clear downward trend in the share of products supplied to the European market.

At the same time, he acknowledged that IMC depends on imports from the EU for all components of its agribusiness: fertilizers, plant protection products, and equipment.

“In fact, we are preparing to join the European community — in fact, for us, there is no alternative. We are preparing within the framework of the Smart Green Strategy, approved for 10 years until 2033. It is aimed at preparing for the high environmental standards dictated by the European market,” said the CEO of the agricultural holding.

The agroholding’s Smart Green Strategy aims to make agribusiness more environmentally friendly, which is an additional bonus to increasing efficiency. As an example, he cited the abandonment of plowing in the Poltava region due to the need to preserve moisture in the soil and reduce the carbon footprint.

Verzhikhovsky added that it is difficult to talk about further prospects at the moment due to the military actions in the regions where IMC operates.

According to him, it is extremely difficult to work due to constant power outages caused by Russian shelling of the Ukrainian power grid. IMC was forced to suspend grain drying due to a fire in the dryer after the shelling. In addition, a few weeks ago, as a result of a drone attack, the agricultural holding lost 200 cubic meters of diesel fuel at its enterprise in the Chernihiv region.

“Of course, we are moving forward with the Smart Green Strategy to implement the ‘green agenda’, but in between problems and the need to solve more urgent and routine issues imposed on us by the situation in which Ukraine lives and works,” summarized the SEO of IMC.

As reported, Alex Lissitsa, advisor to the directors of the agricultural holding, said that IMC will not launch new investment projects in 2026, but will allocate about $25 million to upgrade its equipment.

IMK Agroholding is an integrated group of companies operating in the Sumy, Poltava, and Chernihiv regions (northern and central Ukraine) in the segments of crop production, elevators, and warehouses. The land bank is 116,000 hectares, storage capacity is 554,000 tons, and the 2024 harvest is 864,000 tons.

IMK ended 2024 with a net profit of $54.54 million, compared to a net loss of $21.03 million in 2023. Revenue grew by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25-fold to $86.11 million.

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